My rule of thumb is.. never take out a loan on something that isn't an investment. The STi is not an investment for anyone but the dealer who's selling it to you (especially if you've been roped into a lease).

In 2 years when the paint has gotten scratched up, the body kit is cracked somewhere, the wheels have curb rash and Subaru is releasing a restyling of the Impreza, are you still going to be as crazy about that car as you are right now?

In 4 or 5 years when you're still making payments.. are you still going to want that STi or are you going to want something else?

What's it going to be worth then?

How much $$$ have you thrown at it? Yipes.

 

i got a question about leasing the car

say i put 10k down on an sti and i start to make my monthly payments after i get the car. Then i graduate medical school and go straight into making plenty of money.

can i pay off the lease in one large sum? or do i have to just pay the payments?

 

i agree on the skills part.

but in reality who think their driving skills can trully match up to what the STi can do.

it's more of a adapting to and understanding the car.

i am for sure i d be scared of my STi for a long time......

monsters on 4 wheels

 

i am sure you can do that.

last time i was at this Acura dealer.. they told my friend that he can do that, and there is an alternative.. might be a difference in the rate or fee tho..

 

mauahah.... as I enjoy pointing out to all of my friends fresh out of med school... have fun with the mal-practice ins. now and in 10 yrs get ready for socialized health care...

 

im not fresh outa med school... lol i wish... im only 16, i was just sayin that as a scenario

 

Cool... most of those friends are also $60-$80k into education loans and have to pay those off first. When they started MD school most wanted to specialize in something they were interested in (pediatrics, etc.) but after living with that debt and seeing how much new docs get paid (net)... now they all want to be general surgeons.

 

another 10 years of schooling for general surgeons, jesus does it ever stop?

 

I think the question should first be what are the odds you could lease an STi? Not exaclty the kind of car people are going to want to lease in my opinion. I don't even know anything about leasing though, since driving around 30k miles a year puts a real damper on it, and I'd rather own it instead of rent it.

Keith

 

Do the math..........leasing is a very expensive option......if you know you really want the car, and can afford it, then I'd say buy it outright, even if means taking out a relatively large loan (interest rates are so low at the moment).........if you know you definitely can't afford to buy, and leasing is your only option, then maybe you should go for it, but your enjoyment will be expensive and short-lived (that's if you can afford to lease an STi). In fact, I was looking into leasing a WRX for my wife when they first came out and the lease deals were outrageously expensive....so I declined.

If you're not sure about the car, and are thinking you may buy it at the end of the lease, this is also not a very cost-effective way of buying a car (I know first-hand since I did it this way with my S4).

Will you be able to mod a leased car ? It all depends on your dealer....I modded the S4 with their consent (almot bordering on encouragement !!).........in the end it didn't really matter because I bought it outright....not sure what would happen if you modded and returned the car at the end of the lease; you would probably have to reverse all the mods (could be very expensive unless your very handy at auto DIY).

 

Boy aren't you guys lucky $32.000 wow i wish, the CDN dollar is so crappy that when it gets here we're looking at mid 60's. Hell my old 2000 RS was $32.000............And my WRX cost $45.xxx.....

Dave..................

 

Well said, Beaverboy!

 

Originally posted by beaverboy
My rule of thumb is..

Do you know where the saying "Rule of thumb" comes from....Well here's a little bit of UFI for you. The saying rule of thumb comes from way back in the 1800's when men were aloud to beat there wives with a stick as long as that stick was no thicker than the mans thumb, hence the rule of thumb. Way off topic but i had to throw that in there....... for all you guy's who are married you can keep that in your back pocket.........


Dave............

 

LEASE = BADDDDDDDD NEWS!!!!


over miles fee usually $.10/mile (that's the minimum, i've seen them up to $.20/mile)

short term sucks!!!

leasing is for crappy bizzness cars or three cyliner matchbox cars....you'd be better off to just finance the car over three years...you're payments are the same and in the end you'll own the car. there is no way to win by leasing a car. PERIOD!!!!!